Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
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CESTAT dismissed the appeal and upheld the impugned order, holding that the sums of Rs. 3,83,645 and Rs. 3,94,331 paid by the appellant in relation to seized goods released provisionally were not deposits made under protest but amounts of customs duty, thereby rendering Section 35FF inapplicable. The Tribunal directed refund under Section 27A, awarding interest only from the date immediately after the expiry of three months from the refund application until actual disbursement, not from date of payment, because the payments constituted duty. The interest rate was fixed at 6% as constrained by the relevant governmental notification and prior judicial determination; Commissioner (Appeals)'s grant of refund with interest was affirmed.
CESTAT dismissed the appeal and upheld the impugned order, holding that the sums of Rs. 3,83,645 and Rs. 3,94,331 paid by the appellant in relation to seized goods released provisionally were not deposits made under protest but amounts of customs duty, thereby rendering Section 35FF inapplicable. The Tribunal directed refund under Section 27A, awarding interest only from the date immediately after the expiry of three months from the refund application until actual disbursement, not from date of payment, because the payments constituted duty. The interest rate was fixed at 6% as constrained by the relevant governmental notification and prior judicial determination; Commissioner (Appeals)'s grant of refund with interest was affirmed.
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